There are many factors that go into the overall cost of auto insurance needed to satisfy the minimum Illinois state requirements for coverage. Getting affordable car insurance with coverage that meets your individual and family needs is possible. The easiest way is to get several free quotes from different Illinois auto insurance companies to compare for the best rate.
The Best Cheap Car Insurance in Illinois for 2020
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- The Best Affordable Car Insurance in Illinois for 2020
The Best Cheap Car Insurance Companies for Illinois Drivers in 2020
The average person should be able to choose from top-rated auto insurance companies in Illinois when getting quotes. The table below shows examples with estimated rates from some of the best car insurance companies in the state. These figures may differ from quotes you get based on your personal data. To help you get the best coverage and the discounts you’re eligible for, you can use our car insurance and discount checklist when shopping for auto insurance.
These auto insurance quotes have been provided as an estimated cost for the average person in Illinois. The cost of car insurance is determined by many factors, including a person’s age, gender, coverage limits, driving record, location and their household’s driving information.
The Best Car Insurance Companies in Illinois for 2020
Two of the most well-known and reputable companies that rate insurance companies in each state are JD Power and AM Best. They examine the insurance company’s reliability, claims satisfaction, affordability and financial strength to determine which are the top-rated insurance companies in Illinois. MoneyGeek has created our own unique rating system that combines scores from AM Best and JD Power to show the best car insurance companies to get a quote from.
Market Share by Company
According to the National Association of Insurance Commissioners (NAIC), State Farm, Berkshire Hathaway and Progressive are the largest insurers in America. The table below shows the largest auto insurance companies in Illinois based on the number of people insured.
Cheapest Car Insurance for Drivers With a DUI in Illinois
Getting a DUI can greatly affect your chances of getting affordable car insurance rates in the state of Illinois. According to the Centers for Disease Control and Prevention, 2.2% of drivers in Illinois have admitted driving after having too much to drink. On average, 18 arrests per 100,000 people in Illinois are for driving while under the influence. The following table is an estimate of what people who have a DUI can expect to pay when they start looking for auto insurance in Illinois.
A DUI can impact auto insurance rates for as long as it stays on your criminal record, and drivers with repeated offenses can lose their license for 10 years in Illinois. You can expect to pay higher rates which can increase your insurance premiums to well over $20,000. With a DUI, you will want to compare car insurance quotes to find the best rate in Illinois based on your personal factors.
Cheapest Car Insurance for IL Speeding or Distracted Driving Tickets
According to the National Highway Traffic Safety Administration, there were 948 crashes in Illinois due to distracted driving in 2018. Handheld devices and texting are against the law and can cause you to get a ticket for distracted driving in Illinois, which can reduce your chances of getting cheap car insurance.
To get the best rates, know the posted speed limit and avoid speeding. Also, don’t use your phone or drive while distracted, which can include talking with passengers or eating and drinking. Expect a ticket to increase your insurance rates for the same amount of time it stays on your driving record.
Cheapest Car Insurance Companies in IL for Drivers With Bad Credit
Credit scores are used in Illinois to determine the financial ability to pay insurance premiums and the likelihood of making an insurance claim. According to Experian, the average credit score in Illinois is 709, which means most residents can likely qualify for affordable car insurance. An insurance company should tell you if they use a scoring model when you request your free car insurance quotes. Checking your credit for an insurance quote will not affect your score negatively. The following table provides estimates of what Illinois residents with bad credit can expect to pay for auto insurance in the state.
Scoring criteria that provides insurance rates is not the same as applying for a loan or mortgage and varies for each insurance company. Even if you think you have bad credit, you might still qualify for cheap insurance. Here are some tips on raising your credit score, which can help improve insurance rate quotes.
Cheapest Car Insurance Companies in Illinois for Seniors
Seniors may notice their insurance premiums increase over time once they turn 65. However, that can also mean that they are eligible for certain discounts, such as one received after taking a defensive driving course. According to the National Highway Traffic Safety Administration, seniors make up 13.4% of the driving population in Illinois. Elderly residents over the age of 65 can expect to take a Rules of the Road course and a written exam before renewing their driver’s license in Illinois. When they turn 75 they will have to retake the driving test.
The following table provides estimates of what seniors in Illinois can expect to pay for auto insurance.
Seniors can have slower reaction time behind the wheel, but also tend to take more precautions than other age groups when driving. If you have a senior with a clean driving history and good credit, you can still qualify for cheap car insurance in Illinois.
Cheapest Car Insurance for Students
Illinois Car Insurance: How Much a Teen Driver Will Cost You
Median annual price change for families with a teen driver on their policy:$2,003 INCREASE
This is a difference of 130%.
If you’re a parent of a teenager or a college student, you should expect to pay more for premiums to insure the riskiest age group of drivers compared to other age groups. However, there are discounts available that help drive these costs down. While your teen driver is just starting out, you can add them to your plan which is a much more affordable option than getting them their own policy. You should shop around for the best options and premiums for your teen and college-aged driver.
If your college student is more than 100 miles away at school and did not take a car with them, a discount may be available. Students with a “B” GPA or higher can also help reduce insurance premiums through good student discounts. Those savings can quickly evaporate though since tickets for speeding and distracted driving can drive up costs. Young drivers should eliminate distractions and avoid speeding to maintain cheap and affordable car insurance in Illinois. The following table provides some estimates of what parents can expect to pay for their young driver’s auto insurance.
Premium Comparison by Student Type
PREMIUM COMPARISON FOR TWO ADULTS + 16-YEAR-OLD
Town and Country Limiteds$3,610
This is 38% less expensive.
Cheaper premium for college vs. high school drivers
Median premium change with a college student vs. high school driver:
This is a savings of 24%.
Potential discounts for teens in Illinois
Impact on annual premium with good student and defensive driving discounts:
Illinois students: a long-distance discount
You may pay a smaller annual family premium if your child lives 150 miles or more away from home.
$3,902 at home
$3,481 at school
$421 IN SAVINGS
$3,290 at home
$3,038 at school
$252 IN SAVINGS
Insurance Rate Information for Military Drivers and Veterans
Many insurance companies in Illinois offer discounted rates to active duty military and veterans. Armed Forces Insurance (AFI), founded in 1887, is one company that caters exclusively to veterans and military families. Essentially, AFI is owned by its policyholders.
By comparing quotes and shopping around, military families stationed in Illinois can save money and possibly enjoy additional discounts. With more than 20,500 active-duty military personnel living in the state, Illinois requires proof of policy before you can show up at the DMV to register your vehicle. The Illinois Department of Insurance operates a consumer services division with staff to answer questions about the state's auto insurance requirements.
The following table provides estimates of what military members and their families can expect to pay for auto insurance in Illinois.
Age savings for Illinois service members
Median auto insurance for service members: $1,065
Who Needs Car Insurance in Illinois?
If you register and drive a car in Illinois, the car must be insured. The good news: that 1968 Mustang you've been working on for years in the garage does not need insurance as long as it remains inoperable. However, you may want to consider comprehensive-only coverage for theft and weather protection.
Proof of Insurance in Illinois
Proof of insurance in Illinois can either be printed on a card or stored on an electronic device, such as a smartphone. The information on the card — vehicle year, make model and identification number — should match the car you're driving. Your card should also contain the insurance company name, the policy number and the dates the policy is valid for. In addition, the card should include the name of the insured driver (you), which should match the name on your driver's license.
You'll need proof of insurance when:
- You're pulled over for a traffic offense
- You've been in an accident
- You are required to reply to the Illinois insurance questionnaire sampling process
- You need to register your vehicle or renew the registration
Minimum Liability Insurance Requirements in Illinois
Before 2015, Illinois used to require less insurance than most other states. But the state has since raised the minimum levels to typical coverage levels:
- $25,000 liability coverage per person per injury
- $50,000 liability coverage per accident per injury
- $20,000 coverage for property damage
- $20,000/$40,000 uninsured motorist coverage per person injured/per accident
Uninsured motorist insurance will cover you if your car is struck in a hit-and-run accident or by someone with no liability insurance. If you buy more than the minimum required for uninsured motorist insurance, you'll also need to get underinsured motorist insurance. This way, if an underinsured driver is at fault, your policy will pay the difference between that driver's liability insurance and the amount of uninsured motorist coverage you purchased.
Alternatives to Insurance in Illinois
Unless you own a fleet of more than 25 vehicles, Illinois doesn't offer any alternatives to insurance. If you have 26 vehicles or more, though, you can choose to self-insure them.
High-Risk Auto Insurance Program in Illinois
"Problem drivers" with a history of accidents or severe driving violations may have to carry financial responsibility insurance (SR-22). They'll be required to put down a deposit or file a bond worth $70,000 to prove that they will be able to cover any future accidents.
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Car Insurance Requirements in Illinois: How Much Coverage Do You Need?
What percentage of drivers in Illinois lack vehicle insurance?
National average: 13%
Source:Insurance Information Institute.
The cheapest car insurance available may not be the best car insurance. Minimum liability doesn't protect you from the aftermath of a crash where you're at fault, one that could leave you vulnerable to lawsuits that can drain your savings or put your equity and assets at risk. Your personal needs and finances should guide your decision, but insurance experts generally recommend buying $100,000/$300,000 of liability coverage or more for full protection.
You may benefit from other types of insurance as well. Illinois is bordered by the Mississippi River and is thus a frequent victim of major disasters related to flooding. Comprehensive coverage can help owners repair or replace cars damaged by floods and other natural disasters. Collision insurance provides protection for cars harmed by other vehicles.
For more on the type of car insurance that's best for you, consult our MoneyGeek guide to car insurance basics.
Compare Auto Insurance Rates
Ensure you're getting the best rate for your car insurance. Compare quotes from the top insurance companies.
Expert Advice on Finding Cheap Car Insurance in Illinois
- What are the key factors drivers in Illinois should look for when searching for reliable and affordable coverage?
- How do regulations and rules in Illinois impact insurance pricing and how consumers might shop for coverage?
- What natural or environmental factors should drivers in Illinois consider when shopping for the best car insurance coverage?
- What steps can drivers in Illinois take to find affordable car insurance?
- AAA Exchange. "AAA’s Your Driving Costs." Accessed March 3, 2020.
- Alcohol.org. "DUIs Arrests and Fatalities by State." Accessed March 3, 2020.
- Centers for Disease Control and Prevention. "Drunk Driving State Data and Maps." Accessed March 3, 2020.
- Centers for Disease Control and Prevention. "Motor Vehicle Safety." Accessed February 17, 2020.
- Experian. "Consumer Credit Review." Accessed March 4, 2020.
- Experian. "Why Do Car Insurance Companies Base Their Rates on Credit Scores?." Accessed March 4, 2020.
- Governors Highway Safety Administration. "Distracted Driving." Accessed March 3, 2020.
- Illinois Department of Insurance. "Consumer Automobile Information." Accessed March 3, 2020.
- National Association of Insurance Commissioners. "2018 Market Share Reports." Accessed March 3, 2020.
- National Highway Traffic Safety Administration. "2017 Data - Older Population." Accessed March 4, 2020.
- National Highway Traffic Safety Administration. "Distracted Driving." Accessed March 3, 2020.
- NOLO Driving Laws. "Illinois Drunk Driving Fines & Penalties." Accessed March 3, 2020.
- Office of the Illinois Secretary of State. "Programs for Seniors." Accessed March 4, 2020.